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November 28, 2015 1:02 PM ET

Industrial Conglomerates

Company Overview of China Resources (Holdings) Co.,Ltd.

Company Overview

China Resources (Holdings) Co.,Ltd., through its subsidiaries, engages in power, property, cement, gas, pharmaceuticals, and finance businesses. It owns and operates supermarkets in China; produces and distributes beers; processes and distributes meat, fresh, live, and aquatic products; produces and packages bottled drinking water; invests, develops, operates, and manages thermal power, wind power, hydropower, coal, and distribution-type energy projects; develops, manages, and operates real estate properties in Hong Kong and Thailand; and manufactures and distributes limestone, cement, clinker, and ready-mixed concrete. The company also provides urban gas services; pharmaceutical products an...

49/F., China Resources Building

26 Harbour Road

Wan Chai,  

Hong Kong

Founded in 1938


852 2879 7888


852 2827 5774

Key Executives for China Resources (Holdings) Co.,Ltd.

President and Director
Age: 61
Chief Financial Officer, General Manager of Finance Department and Director
Age: 46
Deputy General Manager, Human Resources Director and Director
Age: 51
Deputy Managing Director and Director
Age: 49
Deputy Managing Director and Director
Age: 51
Compensation as of Fiscal Year 2015.

China Resources (Holdings) Co.,Ltd. Key Developments

China Cinda Asset Management Eyes Acquisition Of Nanyang Commercial Bank

China Cinda Asset Management Co., Ltd. (SEHK:1359) is seeking the acquisition of ; Nanyang Commercial Bank Limited from Bank of China (Hong Kong) Limited. In the auction held on August 25, 2015 China Cinda Asset Management emerged as the sole bidder. According to sources, it will pay near the reserve price of HKD 68 billion. China Resources (Holdings) Co.,Ltd. and Yuexiu Enterprises (Holdings) Limited, owner of Hong Kong's Chong Hing Bank Ltd, were among suitors weighing binding offers for Nanyang.

China Resources Holdings To Reportedly Bid For Nanyang Commercial Bank

China Resources (Holdings) Co.,Ltd. is joining the bidding to acquire Nanyang Commercial Bank Limited from Bank of China (Hong Kong) Limited, people with knowledge of the matter said. China Resources is among suitors weighing binding offers for Nanyang Commercial by the August 2015 deadline, according to the people. It is vying with China Cinda Asset Management Co., Ltd. (SEHK:1359), which is also considering a bid, the people said, asking not to be identified as the information is private. China Resources expressed interest in Nanyang early in the sale process, though it wasn’t as active in later rounds, according to two of the people. It’s still allowed to come back now and make a binding offer under the terms of the auction, the two people said. There’s no certainty China Resources and Cinda will proceed, and other bidders could still join the process, according to the people. Representatives for Bank of China (Hong Kong) and Cinda declined to comment, while a spokeswoman for China Resources said she couldn’t immediately comment.

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